Nvidia and AMD say they face new restrictions on AI chip sales

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Nvidia and AMD say they face new restrictions on AI chip sales
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The restrictions could stifle AI development.

. “The Commerce Department declined to comment on whether it had imposed new requirements on specific U.S. companies,”writes. The Commerce Department, Nvidia, and AMD didn’t immediately respond to requests for comment.There are also now licensing requirements to export a wide array of products, including networking products, destined for certain end users and for certain end uses in China.

Nvidia added that it didn’t anticipate the constraints would have “an immediate material impact.” AMD received a letter “with similar restrictions,”says. No specific countries were named, and there was no explanation for the restrictions in Nvidia’s regulatory filing.

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